The import of greaseproof papers to Canada is forecasted to increase steadily from 2024 to 2028. In 2023, the imports stood at 20.3 million USD. By 2024, the import value is expected to reach 20.644 million USD and continue to grow annually, reaching 21.995 million USD by 2028. On a year-on-year basis, the growth rate shows a consistent increase, ranging from approximately 1.7% to 2.0% annually. Over this five-year forecast period, the compounded annual growth rate (CAGR) is expected to be around 1.8%.
Future trends to watch for include:
- Potential shifts in global supply chains that could affect import costs and trends.
- Technological advancements in recyclable and sustainable paper products, potentially affecting demand.
- Changes in trade policies and tariffs that could impact international paper trade dynamics.
